AI Usage Policy

BorrowBetter uses AI to analyse your financial profile against the underwriting policies of 15+ Indian banks and financial institutions. Our AI engine processes factors including income, FOIR, LTV, employment type, credit profile, and loan tenure to provide you with:

• Your BorrowBetter Score — a proprietary eligibility indicator
• Maximum eligible loan amount across multiple lenders
• Affordable EMI range based on your FOIR capacity
• Estimated approval probability per bank
• Risk factors that may affect your application
• Personalised recommendations for improving eligibility

We believe in radical transparency. Our AI has clear limitations that you must understand before relying on any output:

We handle your data with the utmost care:

• Input data entered during the eligibility check is processed in-session and is not permanently stored on our servers
• We do not share your financial inputs with banks, lenders, or third parties without your explicit consent
• AI processing is done server-side with encrypted data transmission (TLS 1.3)
• No personally identifiable information (PII) is used to train our AI models
• You can request deletion of any account-associated data at any time

Every AI-generated eligibility report can be reviewed with a human BorrowBetter advisor. Our consultation service exists precisely because we believe AI should assist human decision-making, not replace it. If you have concerns about any AI output, book a free call and our team will manually review your profile.

This AI Usage Policy is reviewed and updated every 6 months or whenever significant changes are made to our AI systems. The “Last Updated” date at the top of this page reflects the most recent revision. Continued use of the BorrowBetter platform constitutes acceptance of this policy.